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STEP Energy Services (TSX:STEP) Net Margin % : -2.69% (As of Dec. 2023)


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What is STEP Energy Services Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. STEP Energy Services's Net Income for the three months ended in Dec. 2023 was C$-5.2 Mil. STEP Energy Services's Revenue for the three months ended in Dec. 2023 was C$195.0 Mil. Therefore, STEP Energy Services's net margin for the quarter that ended in Dec. 2023 was -2.69%.

The historical rank and industry rank for STEP Energy Services's Net Margin % or its related term are showing as below:

TSX:STEP' s Net Margin % Range Over the Past 10 Years
Min: -32.35   Med: -4.95   Max: 10.43
Current: 5.33


TSX:STEP's Net Margin % is ranked better than
54.08% of 980 companies
in the Oil & Gas industry
Industry Median: 4.03 vs TSX:STEP: 5.33

STEP Energy Services Net Margin % Historical Data

The historical data trend for STEP Energy Services's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

STEP Energy Services Net Margin % Chart

STEP Energy Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -21.53 -32.35 -5.24 9.58 5.33

STEP Energy Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.64 7.46 6.58 8.12 -2.69

Competitive Comparison of STEP Energy Services's Net Margin %

For the Oil & Gas Equipment & Services subindustry, STEP Energy Services's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


STEP Energy Services's Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, STEP Energy Services's Net Margin % distribution charts can be found below:

* The bar in red indicates where STEP Energy Services's Net Margin % falls into.



STEP Energy Services Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

STEP Energy Services's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=50.419/945.723
=5.33 %

STEP Energy Services's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-5.244/195.047
=-2.69 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


STEP Energy Services  (TSX:STEP) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


STEP Energy Services Net Margin % Related Terms

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STEP Energy Services (TSX:STEP) Business Description

Traded in Other Exchanges
Address
1200, 205-5th Avenue SW, Bow Valley Square II, Calgary, AB, CAN, T2P 2V7
STEP Energy Services Ltd is an oilfield service company. It provides coiled tubing, fluid and nitrogen pumping, and hydraulic fracturing solutions. STEP has a high-performance safety-focused culture and provides innovative, reliable, and cost-effective solutions to its E&P clients. The group's services are focused on the WCSB, Permian and Eagle Ford in Texas, the Uinta-Piceance and Niobrara-DJ basins in Colorado, and the Bakken in North Dakota.
Executives
Rachel Maureen Moore Director
Edward David Lafehr Director

STEP Energy Services (TSX:STEP) Headlines